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The global medical tubing market size reached US$ 12.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.
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Medical Tubing Market Report 2023 By Product, Structure, Application and End User Key Regions and Competitive Landscape www.imarcgroup.com Sales@imarcgroup.com +1-631-791-1145 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Medical Tubing Market Outlook 2023-2028: The global medical tubing market size reached US$ 12.7 Billion in 2022. IMARC Group expects the market to reach US$ 19.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7% from 2023-2028. Medical tubing refers to flexible, thin, plastic hoses that meet medical industry standards and requirements for a variety of surgical or pharmaceutical applications. It comprises tubes of various lengths and diameters integrated with catheters, peristaltic pumps, anesthesiology, respiratory equipment, intravenous (IV) therapy, and numerous biopharmaceutical laboratory equipment. It also consists of feeding tubes, which are essential for supplying nutrients to people who cannot get enough nutrition by eating or suffering from neurologic and neuromuscular disorders. Medical tubing is manufactured from polyethylene, polyvinyl chloride (PVC), and polypropylene plastic and is often softened with plasticizers to increase flexibility. It helps drain and collect urine from the bladder, monitor the urine output of patients, diagnose disorders in the lower urinary tract, and introduce various medications into the body. Medical tubing also assists in stenting or decompressing the small intestine to reduce pressure and address adhesion in affected areas and treat small bowel obstruction. It is utilized to drive catheters in cardiac catheterization and test for heart diseases and locate narrowing blood vessels. It is also used for measuring pressure and oxygen levels in different parts of the heart, checking pump functions, and diagnosing congenital heart defects. Furthermore, as it allows clinicians to administer fluid and other devices, the demand for medical tubing is increasing around the world.
Report Description and Highlights Report Description Global Medical Tubing Market Trends: At present, the rising demand for medical tubing as it is safe, reliable, and temperature resistant represents one of the primary factors influencing the market positively. Besides this, the increasing occurrence of various chronic disorders requiring detailed surgeries and treatment methods, along with the growing geriatric population across the globe, is offering a favorable market outlook. In addition, the rising occurrence of respiratory diseases and cardiovascular complications caused by excessive smoking habits and breathing polluted air is propelling the growth of the market. Apart from this, increasing rates of hospitalization due to the rising occurrence of various novel viruses causing contagious diseases is contributing to the growth of the market. Additionally, there is a rise in the number of hospitals, clinics, and nursing homes worldwide providing quality healthcare services to patients. This, coupled with the increasing advancement in improving diagnosis and treatment procedures for various life-threatening conditions, is supporting the growth of the market. Moreover, the rising utilization of medical tubing in the treatment of various forms of cancer, such as breast, prostate, cervical, lung, blood, and brain, is strengthening the growth of the market. Furthermore, the increasing usage of nano-medical tubes in advanced drug delivery systems, such as intracochlear and photo-thermally triggered drug delivery, is bolstering the growth of the market. Request for a free sample report: https://www.imarcgroup.com/medical-tubing- market/requestsample
Report Description Report Description and Highlights Market Summary: Breakup by Product: • • • • • • Silicone Polyolefins Polyvinyl Chloride Polycarbonates Fluoropolymers Others Breakup by Structure: • • • • • Single-Lumen Co-Extruded Multi-Lumen Tapered or Bump Tubing Braided Tubing
Report Description Report Description and Highlights Breakup by Application: • • • • • Bulk Disposable Tubing Drug Delivery Systems Catheters Biopharmaceutical Laboratory Equipment Others Breakup by End User: • • • • Hospitals and Clinics Ambulatory Surgical Centers Medical Labs Others
Report Description Report Description and Highlights Breakup by Region: • North America • Europe • Asia Pacific • Middle East and Africa • Latin America On account of the aforementioned factors, the market is anticipated to witness strong growth during 2023-2028.
Report Description Report Description and Highlights Competitive Landscape With Key Player: • • • • • • • • • • • • ATAG spa Avient Corporation Bentec Medical Hitachi Ltd. Microlumen Inc. NewAge Industries Inc. Nordson Corporation Optinova Spectrum Plastics Group TE Connectivity Ltd. Trelleborg AB Vanguard Products Corporation View Report TOC, Figures, and Tables: https://www.imarcgroup.com/medical-tubing-market
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